This is What Makes BorgWarner Inc Stocks A Gamechanger?

At the time of writing, BorgWarner Inc [BWA] stock is trading at $31.13, up 1.14%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BWA shares have gain 2.03% over the last week, with a monthly amount drifted -9.56%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 22, February 2024, BorgWarner Recommends Stockholders Reject the Below Market Mini-Tender Offer by TRC Capital Investment Corporation. In a post published today on Yahoo Finance, BorgWarner Inc. (NYSE: BWA) (“the Company”) today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada, to purchase up to 4 million shares of BorgWarner common stock at a price of $28.80 per share in cash. TRC Capital Investment’s offer price of $28.80 per share represents a 4.51% discount below BorgWarner Inc.’s closing price on February 20, 2024, the last trading day before the offer commenced (which represents a 5.94% discount below BorgWarner Inc.’s closing price today, February 22, 2024). The offer is for approximately 1.74% of the shares of common stock outstanding at December 31, 2023.

From an analyst’s perspective:

BorgWarner Inc [NYSE: BWA] stock has seen the most recent analyst activity on February 20, 2024, when Exane BNP Paribas downgraded its rating to a Neutral and also revised its price target to $35 from $43. Previously, Robert W. Baird downgraded its rating to Neutral on January 03, 2024, and dropped its price target to $39. On November 16, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $41 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $36 on November 03, 2023. UBS initiated its recommendation with a Buy and recommended $52 as its price target on September 13, 2023. Nomura downgraded its rating to Neutral for this stock on August 17, 2023, but kept the price target unchanged to $44. In a note dated July 06, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $54 to $67.

For the past year, the stock price of BorgWarner Inc fluctuated between $29.51 and $47.05. Currently, Wall Street analysts expect the stock to reach $49.92 within the next 12 months. BorgWarner Inc [NYSE: BWA] shares were valued at $31.13 at the most recent close of the market. An investor can expect a potential return of 60.36% based on the average BWA price forecast.

Analyzing the BWA fundamentals

According to BorgWarner Inc [NYSE:BWA], the company’s sales were 15.84B for trailing twelve months, which represents an -14.26% plunge. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.86 points at the first support level, and at 30.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.31, and for the 2nd resistance point, it is at 31.50.

BorgWarner Inc [BWA] reported earnings per share of $0.9 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.94/share, meaning a difference of -$0.04 and a surprise factor of -4.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.98 per share as compared to estimates of $0.94 per share, a difference of $0.04 representing a surprise of 4.30%.

Ratios To Look Out For

It is important to note that BorgWarner Inc [NYSE:BWA] has a current ratio of 1.65. In addition, the Quick Ratio stands at 1.30 and the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 11.67.

Transactions by insiders

Recent insider trading involved Lissalde Frederic, President and CEO, that happened on Feb 14 when 0.23 million shares were sold. EVP, CAO, Gen Counsel & Sec, CALAWAY TONIT M completed a deal on Feb 12 to sell 35603.0 shares. Meanwhile, Vice President Demmerle Stefan sold 5000.0 shares on Jun 14.

Related Posts